Posting Installment Payments: Example (Accounts Receivable)
Posting Installment Payments
Entering the amounts
Item |
PK |
Debit |
Credit |
1 |
31 |
1000.00 |
|
2 |
40 |
1000.00 |
The original customer item is not split up into the individual installments and displayed until the posting is simulated. The original total amount is displayed as zero.
Simulating the posting
Item |
PK |
Debit |
Credit |
1 |
31 |
0.00 |
|
2 |
40 |
1000.00 |
|
3 |
31 |
300.00 |
|
4 |
31 |
400.00 |
|
5 |
31 |
300.00 |
When the amounts are posted, the total amount is replaced by the individual installment amounts. These amounts are displayed per G/L account item.
Document overview after posting
Item |
PK |
Debit |
Credit |
1 |
40 |
1000.00 |
|
2 |
31 |
300.00 |
|
2 |
31 |
400.00 |
|
3 |
31 |
300.00 |